On 4 September 2014, the Liechtenstein parliament approved changes for corporate income tax. The changes will take effect 1 November 2014, and apply for tax year 2014.
The main corporate income tax changes include:
- The notional interest deduction will be set at 6%
- Losses of a foreign PE or foreign group by a Liechtenstein parent company will be recaptured if taken into account in a foreign country during a 5-year period
- Capital gains from the sale or liquidation of participations in domest…